Signet Jewelers price target raised to $77 from $60 at Citi

Citi analyst Paul Lejuez raised the firm’s price target on Signet Jewelers to $77 from $60 and keeps a Neutral rating on the shares post the Q3 results. The company’s holiday could disappoint if the consumer doesn’t show up over the next several weeks as management expects, but for now, Signet is "showing resilience relative to what we expected," Lejuez tells investors in a research note. He says the company issued strong guidance given the backdrop.